Campaign teaches youth to save

2018-03-21 06:01
Learners of Thabane High School in Galeshewe learn about saving methods.Photo: Boipelo Mere

Learners of Thabane High School in Galeshewe learn about saving methods.Photo: Boipelo Mere

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“If I had an opportunity to have received this information much earlier in my life, I would have become a better person,” said Mpho Molepo during his visit to Kimberley’s City Campus of the Technical and Vocational Education and Training College on Wednesday (07/03) during the Financial Literacy Campaign.

Representing the Mahuma Group, which partnered with the Financial Service Board (FSB), the campaign saw a theatre group spreading the message of the importance of saving money through a comedy stage performance.

The team covered the following topics: Money Management, Your Rights and Responsibility as a Consumer and Recourse Options.

The campaign is being run nationwide and events had been held in KwaZulu-Natal, the Western Cape, Mpumalanga, the Free State, the Eastern Cape and Limpopo, before it came to the Northern Cape for the past two years.

Events were held in Kuruman and Kimberley and the campaign will soon be heading to Prieska for World Consumer Day.

Molepo said that the FSB was a regulator doing intervention through public awareness.

“You don’t have to have R100 000 to be able to save R2 000. You can have R100 and save 1 cent, as long as you have the idea of saving.”

Great emphasis is put on reaching young people, as they are easily equipped, are the best source to take the message forward and make better decisions at an early age.

Taking the campaign to the Thabane High School on Thursday (14/03), information was communicated through a musical stage play about savings.

Learners had the chance to interact through question and answer sessions and win prices.

Emphasis was put on the mentality that burial societies are the way to go, which is what most members of the society is convinced of.

Molepo admitted that the impact of the information roadshows could only be determined through the lifestyles of people.

“It is a lifestyle that we need to inculcate among youth and adults. That is why we also do it in public places, like taxi ranks and malls, in order to reach everyone.”

“This is the planting of a seed that needs to be nurtured in order to grow.”

According to his findings, peer pressure has nothing to do with young people not saving.

“The lifestyle that young people of today is living, has no sense of tomorrow.”

He admitted to his own lost opportunities in saving; he had had his fortunes of life lost at some point and had to start again.

He ascribed his own previous loss to taking a big risk as an entrepreneur and getting excited to venture into other ventures to make more money.

“Even in instances like those, where you take risks in business, just remember to always put something away for a rainy day.

“The idea of being excited to start a new venture with the confidence that it will be successful, without putting anything as a backup is dangerous.”

Elaborating on the day’s lessons, Gr. 11 learner Kamogelo Tshitlho (17), who is one of the question and answer engagement winners, said she learned that you are what you are because of the decisions you made yesterday.

“From today onwards I am going to start putting away money periodically. I am going to respect every cent, and the rand will take care of itself,” Kamogelo said.

She said that the importance of the lesson of the day would grow her to become a better person and invest in the future.

Based on her observation, within her community more education is needed.

With the R500 voucher she won on the day, she can not wait to buy high heels.

Lazarus Mpolokeng, school principal, said the campaign was beneficial to the learners and teachers.

“It was a learning curve, captivating for all of us, since they were relating action to the message they were delivering,” said Mpolokeng.


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